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Fully subscribed, China Mobile will enter Venus Star- China Mobile China Mobile

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Fully subscribed, China Mobile will enter Venus Star- China Mobile China Mobile

After the suspension of trading for 5 trading days, the mystery of Venus (002439)’s planned non-public offering and change of control rights has been revealed. On June 18, the company announced that China Mobile Capital, a subsidiary of China Mobile, will become the controlling shareholder of Venus. It means that China Mobile’s equity investment has fallen again. According to the fixed increase plan disclosed by Venustech, the company plans to issue 284 million shares to specific targets, China Mobile Capital, at an issue price of 14.57 yuan per share, and the total amount of funds raised will not exceed 4.14 billion yuan. Supplementary liquidity.

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According to the plan, China Mobile Capital is 100% owned by China Mobile Group. It is mainly engaged in investment management, asset management, investment consulting and other businesses. It is a centralized management platform for China Mobile Group’s equity investment and capital operation.

After the completion of this issuance, China Mobile Capital directly holds 23.08% of Venustech’s shares, Wang Jia, Yan Li and his wife directly and indirectly hold 21.65% of the shares of the listed company; at the same time, Wang Jia, Yan Li and his wife voluntarily, unconditionally and cannot It revoked the voting rights corresponding to the 106 million shares of the listed company legally held by it, accounting for 8.58% of the total share capital of the listed company after this issuance.

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After the implementation of the above-mentioned matters, Wang Jia and Yan Li together hold a total of 13.08% of the voting rights of Venus Star, and the actual controller of the listed company was changed from Wang Jia and Yan Li to China Mobile Group.

Regarding the purpose of issuance, Venus Chen pointed out that, on the one hand, it is beneficial for China Mobile Group to focus on the goal of expanding the national network information business and ensuring national network security, and strive to build an independently controlled, industry-leading network information security sector with core competitive advantages. , further play the role of ballast stone in the field of cybersecurity, practice the responsibility of a central enterprise, and actively expand the market for cybersecurity products and services.

On the other hand, relying on the strong brand strength, strong technical capabilities and broad sales network of China Mobile Group, Venustech can obtain all-round support and guarantee in terms of brand, capital, innovative scenarios, technology, channels, etc. for its future development, which is beneficial for the company to grasp Industry development opportunities, actively build the national team and main force of the network security industry, and help the company achieve leapfrog development.

After deducting the issuance costs, all the funds raised from this fixed increase will be used to supplement working capital. After the completion of the fixed increase, it can greatly enhance the capital strength of Venus and provide sufficient financial guarantee for the realization of the company’s strategy.

Venusian Chen said that the company will give full play to its synergistic advantages with China Mobile Group, and focus on data element-based security, big data AI security analysis, cloud security management and control, industrial digital security, zero-trust security, threats through security-native innovation and scenario-based innovation. Focus on key directions such as intelligence, cyberspace security shooting range simulation and localization security, strengthen the layout and implementation of security operation centers, and continue to lead the industry’s most attractive future data security sector, industrial digital security sector, new computing power security sector and other high-growth industries segment, and continued to improve the company’s profitability.

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In addition, Wang Jia and Yan Li will decide whether to reduce their shares in Venustech in the next 12 months based on the securities market conditions.

It is worth mentioning that China Mobile frequently conducts capital operations through platforms such as China Mobile Capital. Currently, the A-share listed companies that participate in the company include Ukeda, Mango Supermedia, and Huayu Software. The important companies that China Mobile Capital participates in are also Ziguang shares. Its subsidiary Ziguangyun, and superfusion digital technology company.

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